Specious Two Bedroom Apartment With 2nd Income Earning Commercial Ground For Sale In City Centre
2 Beds
2 Baths
3,337 Sqft
3,337 Sqft lot
Updated: August 7
10
Views for last 30 days
About the Property
- Mixed-use building in Cape Town`s Waterkant Street - Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month - Existing spacious 2-bedroom, 2-bathroom apartment (first and top floor) with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors - C
- Mixed-use building in Cape Town`s Waterkant Street - Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month - Existing spacious 2-bedroom, 2-bathroom apartment (first and top floor) with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors - Currently tenanted and receiving R35,000/month rental income (Apartment) up to 30 September 2026 with potential Air B&B income of [hidden information] per month - Modern apartment features: - Ample kitchen cupboard space - Fashionable centre island and extractor fan - Spacious rooms, lounge, and dining area Furniture included! Includes a well sized balcony and inside fireplace. Two secure parking bays Investment potential: - Prime location in busy Waterkant Street Cape Town - Existing Commercial and residential tenant provides immediate income stream totalling [hidden information] - Opportunity to expand and increase rental income Interested in more details or viewing? Call me today!